Pagaya Other Current Liab vs Cash Analysis
| PGY Stock | USD 11.42 0.34 2.89% |
Pagaya Technologies financial indicator trend analysis is much more than just breaking down Pagaya Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pagaya Technologies is a good investment. Please check the relationship between Pagaya Technologies Other Current Liab and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pagaya Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Pagaya Stock please use our How to Invest in Pagaya Technologies guide.
Other Current Liab vs Cash
Other Current Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pagaya Technologies Other Current Liab account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Pagaya Technologies' Other Current Liab and Cash is 0.96. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Pagaya Technologies, assuming nothing else is changed. The correlation between historical values of Pagaya Technologies' Other Current Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Pagaya Technologies are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., Pagaya Technologies' Other Current Liab and Cash go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Other Current Liab
Cash
Cash refers to the most liquid asset of Pagaya Technologies, which is listed under current asset account on Pagaya Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Pagaya Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Pagaya Technologies account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Pagaya Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pagaya Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pagaya Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Pagaya Stock please use our How to Invest in Pagaya Technologies guide.Enterprise Value is likely to rise to about 1.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 141.8 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 213.5M | 234.3M | 263.9M | 167.8M | Total Revenue | 445.9M | 685.4M | 772.8M | 447.0M |
Pagaya Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Pagaya Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Pagaya Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pagaya Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pagaya Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pagaya Technologies Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pagaya Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Pagaya Stock please use our How to Invest in Pagaya Technologies guide.Note that the Pagaya Technologies information on this page should be used as a complementary analysis to other Pagaya Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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When running Pagaya Technologies' price analysis, check to measure Pagaya Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pagaya Technologies is operating at the current time. Most of Pagaya Technologies' value examination focuses on studying past and present price action to predict the probability of Pagaya Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pagaya Technologies' price. Additionally, you may evaluate how the addition of Pagaya Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Pagaya Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pagaya Technologies. If investors know Pagaya will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pagaya Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.44) | Revenue Per Share 14.192 | Quarterly Revenue Growth 0.314 | Return On Assets 0.0041 | Return On Equity (0.17) |
The market value of Pagaya Technologies is measured differently than its book value, which is the value of Pagaya that is recorded on the company's balance sheet. Investors also form their own opinion of Pagaya Technologies' value that differs from its market value or its book value, called intrinsic value, which is Pagaya Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pagaya Technologies' market value can be influenced by many factors that don't directly affect Pagaya Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pagaya Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pagaya Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pagaya Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.